Form 4: NuScale Power Director Kent Kresa Acquires Shares in Lieu of Fees

Director Kent Kresa acquired 1,533 shares of NuScale Power Corp Class A Common Stock on December 31, 2024, in lieu of quarterly director fees.

Summary

• Kent Kresa, a director at NuScale Power Corp, acquired 1,533 shares of Class A Common Stock on December 31, 2024.
• The shares were granted in lieu of quarterly director fees.
• The price per share was $17.93.
• Following the transaction, Mr. Kresa indirectly owns 55,787 shares through the Kent Kresa Trust dated November 14, 2006.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction, which is generally positive as it shows director alignment with the company. There is no indication of any negative sentiment.

Positives

• The acquisition of shares by a director demonstrates confidence in the company's future.
• The use of shares in lieu of fees can be seen as a cost-effective way for the company to compensate its directors.

Industry Context

This is a routine transaction for a director of a public company, and it is common for directors to receive shares as part of their compensation.

Comparison to Industry Standards

• Director compensation in the form of shares is a common practice across publicly listed companies.
• The value of the shares granted is consistent with typical director compensation packages, although the specific amount will vary based on the company's size and performance.
• Many companies use a mix of cash and equity to compensate directors, aligning their interests with those of shareholders.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director interests with the company's performance.

Key Dates

Keywords

NuScale Power, Director, Kent Kresa, Share Acquisition, Director Fees, Class A Common Stock, Insider Trading, SEC Form 4